18745 W Il 120 Route, Grayslake, IL

$499,000

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4.48

Acres

About 18745 W Il 120 Route

Exceptional commercial development opportunity on nearly 4.5 acres with 304 feet of frontage on highly traveled IL Route 120 in Grayslake! Zoned General Business (GB), this prime property offers incredible flexibility for a wide variety of commercial, retail, office, service, or mixed-use possibilities (subject to municipal approval). The property currently features a large existing home, along with a working well and septic system, providing immediate functionality while you finalize development plans. Whether you're looking for temporary office space, a business headquarters, or an interim use before redevelopment, the existing structure offers valuable flexibility. City water and sewer are available for future expansion and development. With outstanding visibility, easy access, and a high daily traffic count, this location offers exceptional exposure for your business or investment. Opportunities with nearly 4.5 acres, 304 feet of highway frontage, flexible General Business zoning, and city utilities available are becoming increasingly rare. Bring your vision and capitalize on one of Grayslake's premier commercial corridors!

Features of 18745 W Il 120 Route

MLS® # 12712864
Price $499,000
Bathrooms 0.00
Acres 4.48
Year Built 1981
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 18745 W Il 120 Route
Area Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
City Grayslake
County Lake
State IL
Zip Code 60030

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 7
Zoning OTHER
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRe/Max Advantage

Listing Map

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